Open concept kitchen, unknown for 525 New Dundee Rd #507, Kitchener Ontario N2P 2L1

525 New Dundee Rd #507, Kitchener, Ontario N2P 2L1

In the same building:
-
Condo
2
2
~900-999 sqft
$579,000
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Condo
2
2
~900-999 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$611/sqft

Monthly cost

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Description

Arguably one of the most desirable vantage points at Rainbow Flats, this beautifully styled 2-bedroom, 2-bathroom suite offers peaceful pond and forest views with a spacious balcony that feels like a private extension of the home. Welcome to Suite 507 at 525 New Dundee Road in Kitchener's sought-after Rainbow Flats community. Offering 951 sq. ft. of thoughtfully designed living space, this impeccably maintained condo features a coveted 2-bedroom, 2-bathroom layout with timeless, neutral finishes throughout. The bright open-concept design is both stylish and functional, with clean lines and a magazine-worthy aesthetic. The kitchen features stainless steel appliances, ample cabinetry, and flows seamlessly into the living and dining areas, creating a comfortable setting for both everyday living and entertaining. The spacious private balcony serves as a true extension of the suite, providing a rare vantage point with tranquil views of the pond, surrounding forest, and green space. Positioned on the fifth floor, the suite enjoys an ideal balance of elevation, privacy, and connection to nature. The primary bedroom features a walk-in closet and 3-piece ensuite, while the second bedroom and full bathroom offer flexibility for guests, family, or a home office. Residents enjoy excellent amenities including a fitness centre, yoga studio with sauna, library, social lounge, party room, and pet wash station. With exclusive resident access to the adjacent pond and conservation trails just steps from the building, Rainbow Flats offers a unique cottage life in the city lifestyle while remaining close to everyday conveniences. Beautifully maintained and move-in ready, this is refined, low-maintenance living surrounded by nature.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12876894
Community NameDoon South
Data SourceTRREB
Listing byCORCORAN HORIZON REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Br

3.0 x 3.71

Living

3.61 x 4.52

Kitchen

4.75 x 3.2

Primary

3.86 x 3.2


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


5Story
Amenities

Exercise Room, Party/Meeting Room, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by CORCORAN HORIZON REALTY, Brokerage
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Market Data - Doon South

Geo Zone Map ThumbnailDoon South

Strong Buyer's Market

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Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2025

13 days

2024

0 day

New Listings

Past 30 days

2 listings

Compared to

2025

7 listings

2024

2 listings

Units sold

Past 30 days

1 unit

Compared to

2025

1 unit

2024

0 unit

Median Sold Price

Past 30 days

$412,500

Compared to

2025

$2,600


Population and Demographics

Overview

Total population 13235
Average household income $160,126

Age (%)

0 to 19
31%
20 to 34
20%
35 to 49
25%
50 to 64
16%
65 and plus
8%

Household composition (%)

Single family
85%
Single person
11%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
68%
Punjabi (Panjabi)
10%
Mandarin
3%
Arabic
3%
Romanian
2%
Urdu
2%
Portuguese
2%
Spanish
2%
Gujarati
2%
Others
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget